At 12 billion, IoT connections to surpass non-IoT devices in 2020
New Delhi: Of the 21.7 billion active connected devices worldwide, more than 11.7 billion (54 per cent) will be Internet of Things (IoT) device connections at the end of this year — a first for the industry, a new report said on Friday.
Despite the ongoing pandemic, the market for the IoT devices continues to grow.
In 2020, for the first time, there are more IoT connections (connected cars, smart home devices, connected industrial equipment) than there are non-IoT connections (smartphones, laptops, and computers), according to the report prepared by market insights firm IoT Analytics.